Natural Economic Order

The financial reformer of the early 20th century, Silvio Gesell, is not very well known among "professional" economists today. The evidence of their "professionalism" is the current credit and financial system. World crises shake it every 5-10 years. The number of millionaires is constantly increasing, yet the economy is catastrophically short of money. Why? Because traditional money is advantageous to keep in the bank, where it earns interest. During a crisis, this allows for cheap acquisition of others' properties, parasitizing on the misfortunes of the rest of society. Traditional money is only suitable for fraud, Gesell claims, and he creates money that loses value over time! Thus, after a year, a Gesell note of 100 units will be worth 76 units, after two years - 52 units, and after 4 years and 2 months, the note will turn into ZERO! It will become foolish to keep money, and it will flood into the real sector, reviving the exchange of goods and services. Testing this idea in practice (including in Russia) has always led to rapid economic recovery. The greatest economist of the 20th century, John Keynes, said: "The future will learn more from Gesell than from Marx." And that future is already coming!